World Economy

London copper erased early gains to trade lower on Tuesday and below four-week highs hit in the previous session as renewed worries over China’s beleaguered property sector crimped relief over…

Russian Prime Minister Dmitry Medvedev said on April 21 that the country’s economy has lost an estimated 25 billion euros as a result of western sanctions and that the losses could be “several…

Strong private consumption backed by low unemployment and rising wages will sustain Germany’s economic upswing for some time to come, despite slower recent industrial performance, Germany’s…

UK shareholder dividends in 2015 are set to hit their highest level for three years – boosted by the recovering British economy, a report said.

Singapore’s inflation expectations have fallen due to global and domestic factors, according to the results of a Singapore Management University survey released on Monday.

Ahead of what promises to be a very tense negotiation period, the Greek Ministry of Finance released the preliminary budget execution data for the first three months of 2015. The state primary…

Around one third of the 7 million people living with disabilities in Vietnam needed vocational training and employment, but faced obstacles such as transportation and inadequate support from…

 China’s president, Xi Jinping, travels to Pakistan on Monday laden with tens of billions of dollars in infrastructure and energy assistance on a scale the United States has…

The prestigious Massachusetts Institute of Technology has formally announced their plan to launch a Digital Currency Initiative within their media lab facilities.

The Russian ruble rebounded on Monday after falling sharply on Friday, with higher oil prices and the beginning of a new monthly tax period helping the currency, Reuters reported. At 0705 GMT, the…

New Zealand posted the slowest inflation in more than 15 years in the first quarter, supporting some traders’ expectations that the central bank will cut interest rates later this year. The…

The Qatar Central Bank last Tuesday celebrated the official opening of the first Renminbi Clearance Center (RCC) in the MENA region, to be located in Doha, bi-me reported. The RCC will allow for…

Norway’s $890b wealth fund is taking the rare step of publicly criticizing the proliferation of dark pools, arguing the world’s biggest investors only need one such platform, Bloomberg reported. “…

South Korea ranked seventh in its corporate debt to gross domestic product ratio among 15 member countries of the Organization for Economic Development and Cooperation, data showed Monday, Yonhap…

China on Monday unveiled its long-awaited list of restricted areas of investments for the nation’s four free trade zones, Channel NewsAsia said.

In a statement on China’s main government…

Greece’s divisive negotiations with the EU have placed debt back at the center of debates about economic growth and stability. But Greece is not the only country struggling to repay its existing…

Kuwait’s trade surplus slipped in 2014 for the first time in six years, falling by 18 percent to KS19.8 billion ($65.5 billion), mainly due to lower oil export receipts, a report said.

A…

European central banks have lent 110 billion euros ($118b) to Greek banks, the head of France’s monetary authority said in comments published Monday, warning that any move by Athens to leave the…

 Greece aims for a deal with its creditors over a reforms package but will not retreat from its red lines, the country's deputy prime minister told the Sunday newspaper To Vima, not…

Singapore, one of the earliest nations to back a China-led development lender, is among countries considering the need for a presence in the Asian Infrastructure Investment Bank’s management.

The International Monetary Fund's member nations late Saturday warned of risks to the global economy from exchange rate shifts and geopolitical tensions as they took note of "moderate" global…

Lloyd’s of London has set its sights on Islamic insurance, known as takaful, to strengthen its push into emerging markets and is in talks with regulators to set up shop in Malaysia.

The…

Egypt imposed Sunday an eight percent tariff on CIF (cost, insurance and freight) with a minimum of LE408 ($53.4) per ton to be eliminated gradually over three years. The decision aims to…

The Arab Monetary Fund and the World Bank Group (WBG) Saturday signed an enhanced partnership framework to support countries in the Arab region in developing their economies and financial markets…

Old kitchen, bathroom and laundry equipment made up 60% of the 41.8 million tons of electronic waste thrown away in 2014, suggests a report.

Written by researchers from UN University it…